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12. TUESDAY MORNING CORN UPDATE This break that everybody has been waiting for will put farmers to the test to see how much corn they can plant and as fast as they can plant corn. We look for old crop corn to open a little higher and new crop to open 3-5 higher. Demand for corn isn t going anywhere long term, but will it disappear in the near term? Traders say any rally in corn, especially in the old crop, will be met with selling pressure because it is historically tough to hold spring rally s. America remains...
Source • 5 hours ago •
13. ANIMAL FEED Critics want tighter rules on animal feed Food and Drug Administration to ban the use of leftover pet food in hog and chicken feed for fear it could spread mad cow disease because it contains cattle parts. Now hogs are contaminated with a chemical blamed for killing dogs and cats, and new concerns have arisen that the meat could enter the human food chain. Concerns over feeding and living conditions of livestock and poultry have helped fuel the growth of organic farming, which does not use meat byproducts and hormones in feed. The...
Source • Charlotte Observer,NC •
14. Rain puts farmers in southwest in good position Department of Agriculture reported Monday that 55 percent of Nebraska's wheat crop is in good to excellent condition while only 11 percent is in poor or very poor condition. Last week's widespread and heavy rain has given farmers better soil conditions for planting corn and soybeans than they have seen since drought conditions began to emerge in 1998. Across the country, only 23 percent of the corn crop is planted, compared with 48 percent a year ago and 42 percent on average for this...
Source • 49 minutes ago •
15. SeedQuest - Central information website for the global seed industry corn and soybean production and consumption during the 2007-08 marketing year will be important benchmarks, a University of Illinois Extension marketing specialist noted that considerable uncertainty will persist for several months. soybeans, along with large unshipped sales, suggest that exports for the year might exceed the current projection of 1.08 billion bushels," said Good. soybean crop will likely be based on the NASS report of planting intentions, the five-year average planted to...
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16. Roberts: Strong Technical Signals For Higher Cash Cattle, Wheat ... As traders expected more corn planting progress than USDA published, beans were traded up and corn down amid expectations for more corn getting planted. In other news, South American weather has been less than ideal for corn harvest but serious problems have not been reported yet. It might be a good idea to price some corn now as it has now been two weeks in a row that corn plantings have not been what traders thought they should be. Argentine farmers made some progress last week in their...
Source • CattleNetwork.com,KS •
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